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USD/CAD Canadian Dollar Higher After Massive Jobs Gain

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The Canadian dollar got a boost from a massive gain of 54,500 jobs in May. All the job gains came in the full time category and make a strong case that the Bank of Canada (BoC) could start hiking rates in early 2018. Oil recovered on Friday after a bad week for crude after the surprise buildup in US weekly inventories released on Wednesday. WTI is trading at … Read entire story.

Source: MarketPulse

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